If you are investing, looking for a job, making (or not making) a purchase, and generally behaving with the belief that a recovery from this crisis is somewhere over the horizon, you may have the wrong premise. Read more…
News today: GM (NYSE: GM) is about to show off a new vehicle it has produced in cooperation with Segway Inc., maker of the upright, self-balancing scooters. It is a new type of two-wheeled vehicle designed to move easily through congested urban streets. Read more…
The New York Times reports this morning that President Obama is enjoying strong support from the American public. There has been an increase in the number of people who think that the nation is moving in the right direction. In mid-January, Read more…
Three governments around the world have now stepped down as a result of ongoing citizen protests arising from the economic crisis: Iceland, Latvia, and Czechoslovakia. Hungary looks like it could be number four, but there are several other candidates. Read more…
I am reading an increasing number of posts on blogs and on Seeking Alpha as well as articles by mainstream media columnists asserting that vigorous activity of people buying their first home at distressed prices is an indication of the bottoming of the real estate market. Do not be deceived! Read more…
If you are in one business long enough, you start to get known within that business. I’ve been in the communications business for four decades, about 25 years of which have been spent as the sole or a senior principle of my own firm. So, I often get contacted by people who have some sort of question or interest, proposition, desire to pick my brain, etc. Right now, Read more…
I am 63 years old, born in 1945. In my life, I have lived with two different American Dreams, and I am now seeing see a third emerge. The change will carry with it very significant consequences. Read more…
My perspective on most issues is biased from forty years in the communications business, with twenty of those years being focused on investor relations issues, and all but ten years involved in my own entrepreneurial communications firms (the company I co-founded in 2000 has consistently been ranked among the nation’s fastest growing for each of the past several years). Over the course of this career, I have seen the communications business change in major ways. But right now, the industry is in the midst of a truly fundamental revolution. The investment community clearly recognizes that there has been a major change in the business and also accepts that more change is on the horizon. But is that view robust enough? Read more…
If history does repeat itself, can it happen in a mirror image? Consider the strange similarity (in reverse) between Barack Obama and Ronald Reagan. They are distinct mirror reflections of each other, and if that continues, we just might see a major Obama market rally – in about six years. Read more…
This morning I read a brilliant article analyzing the market bottom: “Markets Have Hit a Bottom, But Is It THE Bottom?” by Eric Coffin, a contributor to Seeking Alpha, where I saw the article posted. Coffin does a great job taking a look at various economic fundamentals from the price of copper to the actions of the Fed. He comes to the conclusion that although there are some positive signs out there, too much volatility remains to make any firm predictions about whether the market has hit a true bottom or not. I agree with him, but Read more…
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